Tech Company Closes $1M Funding Round
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowA Fishers-based app developer says it has closed on a $1 million round of seed funding from multiple angel investors. Bluebridge Digital Founder Santiago Jaramillo says the money will allow it to nearly double its work force to 50 within the next year and “heavily invest” in development of its subscription-based platform. The investors include Aprimo Inc. founder Bill Godfrey and former ExactTarget Chief Marketing Officer Tim Kopp. Bluebridge was founded in 2011 and targets organizations including universities, churches and convention and visitors bureaus.
September 15, 2014
News Release
Fishers, Ind. — Bluebridge, the mobile-apps-as-a-service (MAaaS) company that helps organizations such as universities, churches, convention and visitors bureaus and others to engage their audiences and communities through compelling mobile apps, today announced that it has closed a $1 million seed round of financing led by notable angel investors including Bill Godfrey, founder of Aprimo, and Tim Kopp, former CMO of ExactTarget. Additional angel investors with deep software and operating experience also participated in the investment.
Hundreds of organizations including Purdue University, Gatlinburg, Tenn. Convention and Visitors Bureau, and The Wesleyan Church turn to the company to build, deploy and manage flexible and cost-effective mobile apps. Alongside the apps themselves, which are made available in the iTunes and Google Play app stores, Bluebridge's annual subscription includes access to easy-to-use app management software and a suite of services and resources, including mobile strategy, push notifications, analytics, app maintenance and unlimited training and support.
“We have experienced tremendous success since pioneering the field of Mobile Apps as a Service (MAaaS) just three years ago,” said Santiago Jaramillo, founder and CEO of Bluebridge. “With well over 100% year-over-year revenue growth since 2011, a talented team of 26 employees, a host of exciting new features and services and a remarkable mix of investors, we are well positioned to move into our next stage of growth.”
Bluebridge plans to use the seed capital to further expand its rapidly-growing team to 50 employees within the next year and to heavily invest in the continued development of its subscription-based app platform.
“Consumer use of mobile apps is exploding, and organizations are recognizing the necessity of having a mobile app presence,” said Tim Kopp. “Bluebridge’s world class mobile engagement tool makes it easy and affordable for any organization to have a high-quality, customized and up-to-date mobile app that can stand alongside apps from large companies and high-value brands.”
About Bluebridge
Headquartered in Fishers, Ind., and founded in 2011, Bluebridge is a SaaS company that provides all the tools necessary to help organizations such as universities, convention and visitors bureaus, and churches create customized, affordable, full-featured mobile apps to engage and connect with their communities. Learn more about Bluebridge by visiting their gobluebridge.com, and connect with them on Facebook and Twitter.
Source: Bluebridge